National Frozen And Refrigerated Foods Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,959,444 | 2,290,020 | 669,424 | 30.3 | 6% |
| 2012 | 2,974,158 | 2,424,075 | 550,083 | 32.5 | 12% |
| 2013 | 2,935,672 | 3,125,104 | −189,432 | 26.4 | 9% |
| 2014 | 3,335,732 | 3,479,988 | −144,256 | 23.7 | 9% |
| 2015 | 3,292,754 | 3,555,598 | −262,844 | 21.0 | 9% |
| 2016 | 3,802,727 | 3,396,963 | 405,764 | 24.3 | 27% |
| 2017 | 4,865,334 | 3,990,432 | 874,902 | 24.6 | 25% |
| 2018 | 4,740,400 | 4,197,597 | 542,803 | 22.9 | 27% |
| 2019 | 4,790,251 | 4,358,369 | 431,882 | 25.9 | 26% |
| 2020 | 4,293,410 | 3,504,893 | 788,517 | 36.3 | 32% |
| 2021 | 3,792,278 | 3,992,951 | −200,673 | 31.2 | 28% |
| 2022 | 3,278,446 | 4,497,518 | −1,219,072 | 20.7 | 23% |
| 2023 | 4,940,725 | 5,164,242 | −223,517 | 19.0 | 24% |
In its most recent public year (2023), this organization spent $223,517 more than it brought in. Its reserves stood at about 19 months of spending, down from 30.3 in 2011. Staff pay was 24% of spending. $40,053 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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